Ex-NIMASA Director-General, Mr. Patrick Ziakede Akpobolokemi, appeared today in court with crutches to answer a 40-count of alleged N13bn fraud levelled against him by the Economic and Financial Crimes Commission.
The 40-count charge include the conversion of N601, 516.13 and $1, 766, 428.62, property of NIMASA, into private concerns; conversion of NIMASA’s N27,690,113.79 and $17, 491, 378.64, as well as another N27, 690,113.79 and $17, 491, 378.64, belonging to the agency to personal use, an offence contrary to section 15 (1) of the Money Laundering (Prohibition) (Amendment) Act 2012 and punishable under section 15(3) of the same Act.
The EFCC had explained that it rearrested ex-NIMASA DG, Akpobolokemi after he was granted bail by a competent court because of fresh N34 billion fraud allegations against him.